Below Is a List of Departments; You Are to Identify

question 123

Short Answer

Below is a list of departments; you are to identify each as either [1] a profit center or [2] a cost center.
-The maintenance office of a mall. ________

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Definitions:

Accounts Payable

Liabilities of a business that are due to creditors within a short period, usually one year, and are to be paid in cash or other current assets.

Equipment

Tangible property used in the operations of a business not intended for sale, including machinery, computers, and furniture.

Cash

A form of currency that includes coins and paper bills.

Capital

The wealth in the form of money or other assets owned by a person or organization or available for purposes such as starting a company or investing.